Home > Articles posted by Ritu (Page 4)
FEATURE
on Feb 24, 2020
34 views 50 secs

By Ritu, Capital Sands PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the companies said. The U.S. multinational food and beverage maker said the acquisition of Be & Cheery, which sells snacks from nuts to dried fruits mainly on […]

FEATURE
on Feb 19, 2020
41 views 2 mins

By Ritu Capital Sands U.K. inflation picked up for the first time in six months, boosted by the cost of energy, motor fuel and air fares. Consumer prices rose a stronger-than-forecast 1.8% in January from a year earlier, the fastest since July, the Office for National Statistics said Wednesday. Core inflation picked up to 1.6%. […]

FEATURE
on Feb 18, 2020
50 views 2 mins

By Ritu, Capital Sands The number of people in work in Britain jumped again in the last three months of 2019, according to data which underscored how the labor market defied a slowing of the broader economy ahead of December’s election. The number of people in work jumped by 180,000 to 32.934 million, at the […]

FEATURE
on Feb 17, 2020
39 views 23 secs

By Ritu, Capital Sands At a daily press conference on Monday, Guo Yanhong, a hospital administration supervisor at China’s National Health Commission (NHC) said that that novel coronavirus is preventable and treatable. The percentage of infected patients in virus epicenter Wuhan who are critically ill had dropped to 18% now from 38% at the beginning […]

FEATURE
on Feb 13, 2020
36 views 56 secs

By Ritu, Capital Sands Troubled Indian lender Yes Bank Ltd said it will delay disclosing its October-December earnings by at least a month, and that it was in talks with potential investors for a cash infusion, sending its shares up almost 6% in Thursday trade. Yes Bank, in a regulatory filing late on Wednesday, said […]

FEATURE
on Feb 12, 2020
68 views 2 mins

By Ritu, Capital Sands A deep slump in euro-area industrial output at the end of last year highlights the scale of the challenge the sector will face in 2020. The 2.1% drop — the steepest in almost four years — will raise doubts about a meaningful rebound in momentum. The economy barely expanded in the fourth quarter […]

FEATURE
on Feb 10, 2020
37 views 2 mins

By Ritu, Capital Sands Gold climbed for a fourth day as investors weighed the unfolding coronavirus crisis, including a stark warning from the head of the World Health Organization about the potential for more cases beyond China and signs the disease is spreading in the key Asian trading hub of Singapore. Prices rose as the […]

FEATURE
on Jan 21, 2020
46 views 42 secs

By Ritu, Capital Sands New legislation will improve protection for foreign investors in India by offering relief from possible policy changes but will uphold the state’s right to tax them, according to its draft and government documents seen by Reuters. The bill also attempts to upgrade India’s investment climate and boost foreign investment by setting […]

FEATURE
on Jan 20, 2020
42 views 31 secs

By Ritu, Capital Sands China repeated its call on Monday for Canada to release detained Huawei Technologies Chief Financial Officer Meng Wanzhou as soon as possible, ahead of the executive’s first extradition hearing later in the day. “The resolve of the Chinese government to protect Chinese citizens’ proper legal rights is firm and unwavering,” foreign […]

FEATURE
on Jan 20, 2020
38 views 2 mins

By Ritu, Capital Sands Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve. Oil prices jumped as oilfields in southwest Libya began shutting down after forces loyal to Khalifa Haftar closed a pipeline, potentially […]